City Different Holdings LP on Hamilton Lane
Thesis
City Different initiated Hamilton Lane as its only new purchase during the quarter. The company provides institutional investors and high-net-worth individuals with access to private markets through advisory services, customized separate accounts and specialized products including closed-end and evergreen funds. The letter does not provide a valuation target or a more detailed company-specific catalyst, so the investment case presented is primarily its exposure to the private-markets ecosystem within the strategy's long-term portfolio.
“Hamilton Lane provides institutional investors and high-net-worth individuals with access to private markets.”